Encryption Software Market Analysed & Projected by M&M in Topical Research Study Available at MarketPublishers.com

18 Feb 2015 • by Natalie Aster

LONDON – Nowadays, remarkable technological advancements in such spheres as cloud and mobility are considerably changing the ways companies use to work. During the past several years, businesses have actively adopted a wide spectrum of technological progressions (e.g. social media, PCs, mobility, cloud, etc.), which have led to growth of data volumes generated and transferred across companies. The widespread usage of numerous mobile devices gives an impetus to data loss and breach trends. Thuswise, this spurs the introduction and adoption of data security solutions across companies.

The encryption software market growth is encouraged by such forces as dynamic business environment, augmenting cyber-attacks, rising data loss concerns and compulsory need for compliance with standards. The encryption software market is anticipated to follow growth trajectory in the next 5 years and by 2019 to reach USD 4.82 billion, posting a 21% CAGR.

The report study features the competitive landscape in the market, examines the major market drivers, restraints, challenges and opportunities. Moreover, the research study covers competitors playing in the market, includes an in-depth analysis of end-use sectors, provides information on the recent important mergers and acquisitions, presents details on venture capital funding of the encryption software industry development. Besides, the report contains a thorough discussion of the hottest market trends and industry burning issues. Furthermore, the report looks into the market dynamics and offers a set of future forecasts through 2019. Profiles of the top market participants are provided in this report as well.